Is $205,000 a good price for a home in Warroad?

According to BuyPulse, 305 Lincoln Street SE rates Excellent Value — at $99/sqft it's priced 40% below the typical Warroad single-family home of $166/sqft. Powered by the Realgorithm™.

What are the special assessments at 305 Lincoln Street SE — and what do they mean?

This property has $95/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,561/yr. Always factor both into your total monthly housing cost before making an offer.

Does 305 Lincoln Street SE have a basement?

Yes, 305 Lincoln Street SE has a finished basement with 1,040 sq ft of below-grade space.

What type of heating and cooling does 305 Lincoln Street SE have?

305 Lincoln Street SE has Forced Air heating and Central Air cooling.

Where is 305 Lincoln Street SE located?

305 Lincoln Street SE is in Warroad, MN 56763, in Roseau County.

Is 305 Lincoln Street SE still available?

305 Lincoln Street SE is currently pending. The seller may still accept backup offers — contact us to learn more.

When was 305 Lincoln Street SE built?

305 Lincoln Street SE was built in 1988. It features frame construction, a metal roof, and a permanent foundation.

Does 305 Lincoln Street SE have main-floor laundry?

No — the laundry at 305 Lincoln Street SE is in the lower level.

How walkable is 305 Lincoln Street SE?

305 Lincoln Street SE has a Walk Score of 37/100 (Car-Dependent) and a Bike Score of 36/100 (Minimal Bike Infrastructure).

How many homes like 305 Lincoln Street SE are for sale in Warroad?

8 similar homes (single-family homes between $154K and $256K in Warroad) are for sale right now — a short list right now.

What does "M Markdowns" mean?

M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

What does "BuyPulse" mean?

BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 1 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 2 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 3 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 4 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 5 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 6 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 7 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 8 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 9 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 10 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 11 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 12 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 13 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 14 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 15 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 16 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 17 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 18 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 19 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 20 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 21 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 22 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 23 of 24)

1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 24 of 24)

305 Lincoln Street SE, Warroad, MN 56763

3 Beds | 2 Baths | 2,080 Sq Ft | Single Family Home | MLS# 7063444

Price Reduced — was $229,500 (↓ $24,500) · M Markdowns

$205,000

Is 305 Lincoln Street SE a Good Deal?

BuyPulse Verdict

Excellent Value

At $99/sqft — This home is priced 40% below the typical Warroad single-family home of $166/sqft.

$1,378/month Estimated

Principal & interest: $1,037
Property taxes: $213
Home insurance (est.): $120
Special assessments: $8
HOA dues: None

20% down ($41,000) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Warroad, MN Pending

About This Home

Move Right In! This well-maintained 3 bedroom, 2 bath home features ample living space, a fully finished lower level and thoughtful improvements throughout. The kitchen features cherry cabinetry, stainless steel appliances and updated flooring. Major exterior updates include all new Marvin Infinity windows, vinyl siding and a metal roof. The lower level features a family room, a 3/4 bathroom and 2 non-conforming bedrooms that could be used for guests, hobbies or office space. Enjoy the central A/C in the summer and efficient natural gas heating in the winter. Outside, spend time in the spacious yard with a garden area or in the extra gazebo structure, which is ideal for storage or entertaining. A solid, move-in ready home in Warroad - call today!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $154K and $256K in Warroad:

The field: 8 similar Warroad homes for sale — a short list right now.

Key Features

Built: 1988
Style: One
HOA: None
Annual Taxes: $2,561 (2026)
Specials/yr: $95

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,040
Below Grade Sq Ft: 1,040
Lot Size: 0.238 acres
Basement: Yes
Roof: Metal
Construction: Frame
County: Roseau
List Date: 2026-04-27
Days on Market: 168 days
Parcel ID: 560091800

Financial

Total Tax incl. Assessments: $2,656
Specials Pending: No

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: Circuit Breakers, 200+ Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Interior Features

Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type: Permanent
Foundation Area: 1,040 sqft
Total Building Area: 2,080 sqft

Exterior Features

Exterior Features: Vinyl
Pool: Yes
Fenced Area: Yes
Other Structures: Gazebo, Storage Shed
Accessibility Features: None

Parking & Garage

Carport Spaces: 1
Parking Features: Carport, Gravel

Lot & Land

Lot Features: Tree Coverage - Light
Road Surface: City Street, Paved Streets
Zoning Description: Residential-Single Family

Agent & Office

List Office: Pahlen Realty, Inc.

Price History

Price reduced to $205,000 — Aug 17, 2026

305 Lincoln Street SE is listed in Warroad, MN, part of Roseau County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 305 Lincoln Street SE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Warroad real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Warroad homes ›

Listed by Pahlen Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7063444 · Data refreshed September 28, 2026

Similar Homes for Sale Near 305 Lincoln Street SE, Warroad, MN

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Frequently Asked Questions About 305 Lincoln Street SE

Is $205,000 a good price for a home in Warroad?: According to BuyPulse, 305 Lincoln Street SE rates Excellent Value — at $99/sqft it's priced 40% below the typical Warroad single-family home of $166/sqft. Powered by the Realgorithm™. Browse Warroad homes for sale to compare.
What are the special assessments at 305 Lincoln Street SE — and what do they mean?: This property has $95/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,561/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
Does 305 Lincoln Street SE have a basement?: Yes, 305 Lincoln Street SE has a finished basement with 1,040 sq ft of below-grade space.
What type of heating and cooling does 305 Lincoln Street SE have?: 305 Lincoln Street SE has Forced Air heating and Central Air cooling.
Where is 305 Lincoln Street SE located?: 305 Lincoln Street SE is in Warroad, MN 56763, in Roseau County.
Is 305 Lincoln Street SE still available?: 305 Lincoln Street SE is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 305 Lincoln Street SE built?: 305 Lincoln Street SE was built in 1988. It features frame construction, a metal roof, and a permanent foundation.
Does 305 Lincoln Street SE have main-floor laundry?: No — the laundry at 305 Lincoln Street SE is in the lower level.
How walkable is 305 Lincoln Street SE?: 305 Lincoln Street SE has a Walk Score of 37/100 (Car-Dependent) and a Bike Score of 36/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 305 Lincoln Street SE are for sale in Warroad?: 8 similar homes (single-family homes between $154K and $256K in Warroad) are for sale right now — a short list right now.
What does "M Markdowns" mean?: M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?: BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Warroad area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 6:31 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.